Bri-Chem Corp up sharply

Bri-Chem Corp is up sharply today, rallying $0.04 or 12.12% to $0.37. Over the last five days, shares have gained 8.82% and 124.24% year to date. Shares have outperformed the S&P TSX by 99.27% during the last year.

About

Bri-Chem Corp. is engaged in distribution and blending of oilfield drilling, completion, stimulation and production chemical fluids. The Company offers a range of drilling

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fluid products, cementing, acidizing and stimulation additives from over 27 strategically located warehouses throughout Canada and the United States. Its segments include Fluids Distribution-Canada, Fluids Distribution-USA, Fluids Blending & Packaging-Canada and Fluids Blending & Packaging-USA. Its North American oilfield chemical divisions include Canadian Drilling Fluids Distribution Division that provides over 100 drilling fluid products and custom-blended products to oilfield service companies; USA Drilling Fluids Distribution Division that services its customers through over 16 warehouse locations; Canadian Fluids Blending and Packaging Division, and USA Fluids Blending and Packaging Division, which provides blended cement additives for customers through its subsidiary, Sun Coast Materials LLC.

Profit

Net Profit (TTM)

-28.61%

Bri-Chem Corp has a net profit margin of -28.61%. Besides being negative, it is also below the industry average and implies that this company is not effective at turning revenues into bottom line profit. Company Books

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